Forensic accounting (An essay 5 paragraphs)
Question – What three elements must be proven to win a fraud dispute?
Some materials which i started to write
(Three elements must be proven to win a fraud dispute
A material false statement: There must be a material false statement made with an intent to deceive.
Victim reliance : Even when there is a material false statement and the intention to deceive can be proved, it does not meet the legal test for fraud unless there is a victim who relied on the false statement.
Damages : The final legal element of fraud concerns damages is usually in terms of money. But normally, even when there is a material false statement, intent and victim reliance, there is no fraud if the victim is not damaged).
Running head: ELMENTS TO BE PROVEN TO WIN A FRAUD CASE
1 Elements to be proven to win a Fraud Case
Date ELEMENTS TO BE PROVEN TO WIN A FRAUD CASE